The numbers: Builders started construction on new homes in the U.S. at a pace of 1.57 million in January, the Commerce Department said Wednesday. This represented a 3.6% decrease from a revised 1.63 million in December, but was 21.4% higher than a year ago. Permitting activity, however, hit yet another …
Read More »Economic Report: Home permits soar to highest level in 13 years in January, even as new construction dips slightly
